Al Farooq for Auditing and Financial Consultancy

About Al Farooq for Auditing and Financial Consultancy

Founded in 2019, Al Farooq is a consulting and audit practice whose main office is in the Al Ghubra area of Muscat, with further offices in Riyadh, Lahore, London and Baku. It positions itself as a firm that combines local market knowledge with international experience, and it has a UK-qualified actuarial team serving insurers. For companies setting up in Oman it offers an investment and incorporation line covering incorporation, post-incorporation work, company secretarial services, investment advisory and project feasibility studies. Alongside this sit statutory and internal audit, bookkeeping, payroll and financial reporting outsourcing, and tax services spanning corporate income tax, withholding tax, transfer pricing, cross-border transactions and VAT. The site does not publish a dedicated programme for foreign investors, prices or a licence reference.

Services

Incorporation services and post-incorporation support for new entities in Oman, with company secretarial work including registration, compliance and statutory filings. External and internal audit, assurance and financial reporting. Bookkeeping, payroll services, financial report compilation and stock-taking. Corporate tax, withholding tax, transfer pricing, cross-border tax advice and VAT. Feasibility studies, business plans, due diligence, valuation, restructuring, actuarial consulting and technology consulting for client teams.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✓ Corporate secretarial: offered
• ✕ Virtual office: not listed